Millennium Challenge Corporation’s (MCC) CEO Alice Albright recently visited Indonesia to review the progress on the USD 649 million Indonesia Infrastructure and Finance Compact, which is set to launch in September. This grant is aimed at addressing the...
Indonesia has formalized a regulatory framework for ensuring the quality of seafood products exported to the U.S. Announced by the Ministry of Maritime Affairs and Fisheries (KKP) last July, the agreement will implement a quality and safety assurance system for marine...
SCYTALYS, a leading Greek provider of Defense Interoperability Systems and a member of EFA GROUP, has announced the successful handover of the System Interoperability Kodal (SIK) program to the Indonesian Armed Forces (TNI). This collaboration follows the completion...
The Indonesian government has been presented with proposals to create seven new special economic zones (SEZs), as stated by the acting secretary general of the SEZ National Council. These proposed SEZs are intended for locations in Java, Sulawesi, and the Nusantara...
Norway aims to strengthen its partnership with Indonesia and explore investment opportunities in renewable energy, including hydropower and carbon capture and storage (CCS), according to the Norwegian Energy Minister. Norwegian companies are expected to bring their...
Sustainability Economics, an international organization specializing in comprehensive net-zero solutions for high-emission industries, has partnered with SUCOFINDO, an inspection state-owned company in Indonesia. This collaboration aims to accelerate the transition of...
On July 3rd, 2024, Hyundai Motor Group and LG Energy Solution (LGES) of South Korea opened Indonesia’s first battery cell production plant for electric vehicles. This facility has an annual capacity of 10 Gigawatt hours (GWh) of battery cells. Hyundai and LGES have...
With an investment of EUR 257 million (or IDR 3.8 trillion), Frisian Flag Indonesia (FFI) has launched a factory in Sukamahi village, Cikarang district, Bekasi regency. This 25.4-hectare plant is the largest production investment by Friesland Campina, the parent...
In June 2024, Daewoong Pharmaceutical revealed its plans to collaborate with Indonesia’s Bogor Agricultural University (IPB), highly regarded for its veterinary research expertise, to establish a specialized primate research institute in the Southeast Asian...
In June 2024, Palo Alto Networks, an American cybersecurity firm, announced the opening of a new cloud location in Indonesia. This new cloud infrastructure provides Indonesian customers comprehensive access to Palo Alto Networks’ security solutions while...
Indonesia’s immigration authorities have implemented the HID U.ARE.U Camera Identification System as the facial recognition element for the automated border crossing gates across Batam ports. The aim is to address the severe congestion caused by outdated manual...
The Foreign Affairs Minister of Indonesia and Finland’s Foreign Minister convened in Helsinki in June 2024 to explore enhancing bilateral collaboration, particularly focusing on green energy and smart cities. The Indonesian minister disclosed that private sector...
